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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Willowbrook, IL Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Willowbrook, IL Housing Market Trends

With a population of 9,056, 4,053 total housing units (homes and apartments), and a median house value of $447,990, Willowbrook real estate is some of the most expensive in Illinois, although Willowbrook home values aren't among America's most expensive.

Large apartment complexes or high rise apartments are the single most common housing type in Willowbrook, accounting for 45.90% of the village's housing units. Other types of housing that are prevalent in Willowbrook include single-family detached homes ( 36.48%), duplexes, homes converted to apartments or other small apartment buildings ( 11.72%), and a few row houses and other attached homes ( 5.90%). Villages with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact villages that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.

Dwellings in Willowbrook tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 53.59% of the homes in Willowbrook have two or fewer bedrooms.

There is a lot of housing in Willowbrook built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Willowbrook built between 1940-1969 ( 18.08%). A lesser amount of the housing stock also hails from between 2000 and later ( 6.01%). There's also some housing in Willowbrook built before 1939 ( 1.83%).

Vacant housing appears to be an issue in Willowbrook. Fully 10.73% of the housing stock is classified as vacant. Left unchecked, vacant Willowbrook homes and apartments can be a drag on the real estate market, holding Willowbrook real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Willowbrook Home Appreciation Rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Willowbrook, where house values have increased just 36.10%, which is annualized rate of 3.13%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.

Over the last year, Willowbrook appreciation rates have trailed the rest of the nation. In the last twelve months, Willowbrook's appreciation rate has been 6.80%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Willowbrook were at 0.88%, which equates to an annual appreciation rate of 3.58%.

Relative to Illinois, our data show that Willowbrook's latest annual appreciation rate is lower than 80% of the other cities and towns in Illinois.

One very important thing to keep in mind is that these are average appreciation rates for the village. Individual neighborhoods within Willowbrook differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Willowbrook - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Willowbrook real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$447,990

Willowbrook, IL Home Prices
> $1,195,000
$896,001 - $1,195,000
$597,001 - $896,000
$478,001 - $597,000
$359,001 - $478,000
$239,001 - $359,000
$120,001 - $239,000
$60,001 - $120,000
$0 - $60,000
4.3%
4.3%
3.4%
3.4%
21.0%
21.0%
13.4%
13.4%
14.3%
14.3%
20.0%
20.0%
21.5%
21.5%
0.5%
0.5%
1.5%
1.5%
0% 100.0%
% of Homes
Very High

for Illinois

High

for nation

Number of Homes And Apartments:

4,053

Willowbrook Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,709 / per month

Homeownership Rate

Owners
Renters
73.3%
73.3%
26.7%
26.7%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
10.7%
10.7%
89.3%
89.3%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
6.0%
6.0%
74.1%
74.1%
18.1%
18.1%
1.8%
1.8%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
36.5%
36.5%
5.9%
5.9%
11.7%
11.7%
45.9%
45.9%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.6%
0.6%
13.5%
13.5%
39.5%
39.5%
25.1%
25.1%
17.1%
17.1%
4.1%
4.1%
0% 100.0%
% of Homes